Chihuahua, Chih., November 26, 2020.
Dear Clients and Friends,
On November 18th, of this year, the Ministry of Finance and Public Credit published in the Federal Official Gazette the Third Resolution of Amendments to the 2020 Miscellaneous Tax Resolutions.
Thus, we herein inform you some of the amendments that we deem important, such as: the informative statement to disclose generalized and personalized reportable schemes, as well as their detailed description; the certification of no-obligation to disclose the schemes by the tax advisors, as well as the certification of non-reportable schemes or the existence of legal impediments to disclose any of them; the request for additional information to tax advisors and taxpayers; among others.
Likewise, among such amendments, the procedure for the taxpayers to obtain the certification of compliance with their fiscal obligations, which is required in fiscal proceedings and to obtain authorizations regarding internal taxes, foreign trade or for the granting of subsidies and incentives.
The aforementioned Resolution will enter in force as of November 19th, 2020, except for the rules foreseen in chapter 2.22 thereof, regarding reportable schemes, which will enter in force as of January 1st, 2021.
For further information on this matter, please do not hesitate to contact Mr. Sergio Humberto Salas Medrano, Partner of the Fiscal and Administrative Area, at ssalas@iclmx.com.
Mr. Sergio H. Salas Medrano.
Inintegrum Legal Corporation, S.C.
